I sold my condo a couple of years ago (Walked away with about 150k). The goal has always been to use that money as a down payment on a house, but with the housing market in the PNW and interest rates, nothing has really happened.
Most of the last year, I have been putting the money into 3 month CD's yielding about 1.5%. I also have direct deposits going into that account to get rolled into a CD in the next cycle.
I check on houses for sale daily and have yet to find something that I like that is also in my price range, which is fine., but with the news sounding like there is not going to be some big market crash, I am trying to find a way to plan for a future that doesn't also include renting forever.
I am wondering what avenues are available to me to maximize that ROI on these investments that is also somewhat safe from major market fluctuations. Maybe more than a CD, but not throwing all the money into Pennystocks.
Submitted September 24, 2023 at 01:47AM by eagle2390 https://ift.tt/FRqbOS5
